Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Automated Financial Systems, Inc. 401(K) Salary Reduction Plan is a benefit plan reported by Automated Financial Systems, Inc. under EIN 23-1724335 and plan number 001. The latest loaded filing year is 2023. The filing reports 404 participants and $76,821,412 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $76,821,412
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $76,821,412
- Net assets (BOY)
- $70,738,779
Income & contributions
- Employer contributions
- $856,614
- Participant contributions
- $3,739,720
- Total contributions
- $5,309,710
- Total income / additions
- $17,483,463
Expenses & distributions
- Benefits paid
- $11,318,813
- Administrative expenses
- $82,017
- Total expenses
- $11,400,830
- Net increase / (decrease)
- $6,082,633